Tejas Cargo India Limited has initiated a postal ballot process to seek shareholder approval for increasing its borrowing powers to ₹800 Crores. This strategic move is designed to support the company's growing business requirements and future expansion plans by providing adequate financial flexibility for working capital, capital expenditure, and fleet expansion. The special resolutions also authorize the Board to create mortgages and charges on the company's assets up to the enhanced limit to secure the proposed borrowings.

The Board of Directors has proposed raising the aggregate borrowing limit from the previously approved ₹500 Crores to ₹800 Crores. The funds may be raised through various instruments, including term loans, working capital facilities, non-convertible debentures, and external commercial borrowings. Concurrently, the company seeks approval to empower the Board to create mortgages, hypothecations, and charges on the company's movable and immovable assets, correspondingly increasing the security creation limit from ₹500 Crores to ₹800 Crores.

The remote e-voting period is scheduled from June 2, 2026, at 9:00 a.m. IST to July 1, 2026, at 5:00 p.m. IST. The results of the postal ballot are expected to be announced on or before July 3, 2026. The postal ballot notice has been dispatched electronically to members whose email addresses are registered with Bigshare Services Private Limited, the Registrar and Transfer Agent, or with depositories as on the cut-off date of May 22, 2026.

Mr. Abhishek Gupta has been appointed as the scrutinizer to oversee the voting process. The company has stated that none of the Directors or Key Managerial Personnel have any financial interest in the proposed resolutions. The notice is also available on the company's website at www.tcipl.in .

Tejas Cargo India Limited held a board meeting on April 24, 2026, to address key regulatory compliance matters and corporate governance requirements. The meeting was conducted at the company's registered office in Faridabad, Haryana, under the provisions of SEBI (LODR) Regulations, 2015.

Meeting Details and Proceedings

The board meeting took place on Friday, April 24, 2026, at the company's registered office located at 3rd Floor, Tower B, Vatika Mindscape, 12/3, Mathura Road, Sector-27D, NH-2, Faridabad, Haryana. The proceedings commenced at 12:15 PM and concluded at 12:27 PM, indicating a focused discussion on specific agenda items.

Key Board Approvals

The board addressed important compliance and governance matters during the session. The primary focus was on annual disclosures and the implementation of regulatory frameworks as required by securities market regulations.

The board approved the following key items:

• Annual disclosures received from all directors of the company
• Approval and adoption of NFRA Circulars framework
• Appointment of a nodal officer for compliance matters
• Other related governance matters

Regulatory Compliance Framework

The meeting was conducted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015. This regulation mandates companies to disclose material events and information that could impact investor decisions and market transparency.

The adoption of the NFRA Circulars framework demonstrates the company's commitment to maintaining compliance with evolving regulatory requirements. The appointment of a nodal officer further strengthens the company's governance structure by establishing a dedicated point of contact for regulatory matters.

Corporate Information

Tejas Cargo India Limited, formerly known as Tejas Cargo India Private Limited, operates under the corporate tagline "Keep Moving On." The company is incorporated with CIN L60230HR2021PLC094052 and maintains its registered office in Faridabad, Haryana. Manish Bindal, serving as Whole-time Director with DIN 07842313, signed the regulatory disclosure on behalf of the company.